Post by
Smiles62 on Jun 08, 2024 7:58am
The June Amazon announcement
Is not just to say we are streamlining our sellers list, there are now only 1Million left and nextech is one of them.
Of course the only thing that will change the current dynamic is real stuff like contracts.
The other thing that is concerning is 01 clearly wants to bring this as low as possible and possibly to zero just like what a couple of millionaires were doing to GameStop (GME), until they got scrood. Hopefully Evan is aware of that possibility and that he is concerned and investigating it.
1- The valuation could become so low that any could buy the company...
2- The guy (01) is successful in naked short selling all the way to zero therefore forcing bankruptcy and he leaves with his millions. The solution here is no one capitulates and a group buys in like crazy. Like what they did with GameStop, everyone knew it was a good viable company.
3- Evan thought the SP was low at 0.40 that's why he bought more, now the SP is 75% lower...
Comment by
Smiles62 on Jun 11, 2024 3:24pm
It feels more like the June news will be not what we want to hear. :)